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revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. >> well, today the president travels to minneapolis where he'll push for proposals to gun control durs his visit. susan mcginnis is in washington. good morning. >> good morning. this will be the president's first trip outside washington to push his gun proposalproposals. he's pushing for a big rally in support of this. in the meantime the senators are said to be preparing their own legislation very similar to the president's employee posal but conspicuously absent is the assault weapons ban. he takes his pitch for gun safety to minneapolis today. he wants congress to require universal background checks, limit how many bullets
from 31 yards, deficit cut. 10 minutes left, 9ers down 31- 23, kaepernick dangerous with those wheels in from 15 oint. the two-point conversion fails but 49ers within two. less than two minutes, this really the game. 9ers down five, 4th and goal, incomplete. kaepernick trying to find crabtree. take another look, see if you see their little penalty there, jimmy smith on the coverage. yeah, they don't call it. john harbaugh with a pumped fist. jim harbaugh says this was what you should have called. no holding penalty. ravens defeat the 49ers in super bowl xlvii, 34-31 to win their second super bowl, first in 12 years, mvp joe flacco. the harbaughs with the postgame meeting. of course, ray lewis is excited, the 17 year vet goes out with a fairytale script winning the super bowl in his final game. >> it's no greater way as a champ to go out on your last ride with the men that i went out with my teammates and you looked around this stadium and baltimore, baltimore, we brought it home, baby! >> we don't make it easy, but that's the way the city of baltimore is. that's the way we are. [ chee
with details of this. and, linda, we hear about cities reporting deficits and surpluses all the time, but this isn't very good, is it? >>reporter: not good at all this. report is due out today. it shows that baltimore is on the road to financial ruin and if drastic measures are not taken, the city will go bankrupt. the associated press obtained the 10-year financial forecast ahead of its release to the public today. it shows the city will accumulate a $745 million budget deficit over the next decade because of a growing gap in how much the city earns and the amount it spends. that deficit would be even bigger at $2 billion if you factor in what the city needs for infrastructure repairs and retiree healthcare benefits. according to the report, if the city does not enact major reforms it, will go bankrupt. the 10-year forecast was commissioned by the city from an outside firm. mayor rawlings blake is expected to propose financial reforms next week based on the report. linda stow, abc 2 news. >>> president obama will be in annapolis. he's going to talk strategy with u.s. senate democr
instead of really dealing with the banks and dealing with the regional deficit overhang, he just created a circle of loop of help. so the government has been giving money to the regions, the banks to the regions and the government to the banks. but there's no real solution. the problems we main in spain. >> well, this is interesting. so, actually, michael brown was just talking about europe being somewhat of a closed economy. what you're talking about here in spain is this closed loop between the money that is getting in and borrowing. explain a little bit about this crazy looking chart here, flow chart, we should say, and this point that what happens in spain is staying in spain. >> this is a simplified chart of what has been going on. all the rectangular things are off balance. fade is the fund for utility financing. they're funded by the government. rajoy on the 31st of december increased the limit of these funds. frob and the bad bank are funding the banking system, the weak banks, including bankia. and the ffpp is a fund where banks have lent 30 billion to the region. on top of this
's a good idea. but my whole philosophy is i don't think the deficit is our top issue. i think if you're really concerned about the deficit we should have gone over the fiscal cliff and cut the deficit that way. but if you aren't concerned about the deficit, if you think job growth is the most important thing and growth in general, then i don't think you should either cut taxes -- i don't think you should raise taxes or cut spending right now. i think you should focus just on stimulus. >> what they should do is slash across the board all these goofy departments, just really rip into them. and along with that pro-growth tax reform. especially pro-growth business tax reform. and then you'll have the kind of growth that keith is talking about that would actually solve the financial position. >> keith wants growth in general. i don't want growth in general. i want private sector growth. i don't want a bunch of phony government spending that's going to proup gdp numbers. i want private sector growth. if the president wants to make a deal where we get rid of some of these short-term spendin
times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but not now. >> do you subscribe to that, jared? or is that too extreme? >> not at all. i think paul's exactly right. paul and i share the following thing. we're deficit doves in a down economy, and deficit hawks in a strong economy. at a time like this, what you really need is faster growth. by the way, not only will that help put more people to work, but it will actually help reduce your budget deficit ironically because those people will be working, paying taxes, they w
on the deficit. to keep the u.s. economy on the upswing. >> for example, we need to lower the cost of health care and programs like medicare that are the biggest drivers of our deficit. without just passing the burden off to seniors. and these reforms must go hand in hand with eliminating excess spending in our tax code. >> the president said wealthy individuals and large corporations should not have access to tax look holes and deductions not available to average americans. >>> the white house released this video of president obama skeet shooting in camp david and it was taken in august and it was answering skeptics to those who thought he didn't know how to shoot. a tennessee woman says he respects the sport of hunting. and democrats are pushing for tougher gun control legislation in congress. >>> a first of its kind event in concord, today, was aimed at keeping student athletes healthy on the field and off. the volunteers from the medical center offered health screenings for students at delasalle high school. about 15 years ago, an athlete died of sudden heart failure during a basketball game.
of a man, but he actually tripled the deficit and debt and expanded the size of government to or proportions, the same as george bush and republicans always blamed democrats, even though clinton and obama both have lower the deficit if you look at the treasury's website for every fiscal year. every single republican from nixon to george bush as we expanded the deficit greatly. the congress didn't change. it is just the president, but it's always blamed on congress. whenever credit given, they want all the credit, none of the responsibility. republicans will say divisive things. zero, this birth certificate or you're not american enough for denver. >> guest: three things. as a general matter, members of those party blame the other party. president obama more than any in my lifetime has landed the republican party and generally been whining or can need more excuses than any president. he seemed as if he couldn't give a speech for a while without claiming everything, including athletes foot on george w. bush. that gets tiresome after a while. but the criteria is claiming the o
the a blueprint would miss the deadline because the debate in washington over taxes, spending, and the deficit. it was supposed to be delivered to lawmakers yesterday. if you are worried about food safety the agriculture secretary tom vilsack says we need to cut back on a number of inspections on meatpacking plants unless congress can avoid the across-the-board spending cuts that take effect in march. he says the agriculture department is studying how to handlewhich could also impact nutritional programs and food safety research. we know we are in a housing recovery, but the d.c. market is on fire. i will have more on that in the next hour. live at bloomberg headquarters in new york, linda bell reporting for abc 7 news. back to you. >> thank you. we will see you shortly. 4:38 34 degrees at this hour. >> still ahead, a frantic scene in the heart of baltimore. a huge warehouse fire >> welcome back. 4:41 right now. beautiful. the washington monument. 34 degrees this morning. >> we are above the freezing mark. >> that's where we should be this time of year? >> we are working on it. we will been wa
the automatics cuts take effect. if there's no long-term agreement to reduce the deficit. those cuts would take a big bite out of military spending and domestic programs. including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> it was supposed to be just a vacant apartment building, but today an incredible fast moving fire killed two people who were living inside it. firefighters were hurt today while battling the blaze on r street and southeast. bruce johnson reports, squatters, not uncommon in our nation's capital. >> a motorist passing by was the first to see planes planes -- flames pouring out of the building. >> i don't know what happened. >> it took firefighters an hour to knock down the two- alarm blaze, but not before two of them had injured shoulders and a third firefighter injured an ankle. the news will get worse. two bodies were discovered in the fire. >> there's a possibility that they may have gone in there to get away from the environment. >> city officials say the unit was listed as vacant. that meant the two people found inside would have been sq
deficits, and that austerity was never given a credible grade, for example, by many investors, thinking, of course, it wasn't a great strategy. i concur. here's the problem, though. you know, austerity by definition is, you know, deficit cutting with less benefits and services. now, it is a horrible word. and, of course, many governments and politicians grabbed on to it because they really don't want deficit cutting and they don't want less benefits and services. but it is pretty hard to call it austerity as we go into, what, year six of post credit crisis activity. and global economics don't dictate we're doing a heck of a lot better, even though we had some jumps in growth, which kind of can be predicated on high levels of stimulus, maybe don't call it stimulus, maybe you call it just three to four years of big deficits. now, quid pro quo on the other hand seems to be the relationship that dictates who the big buyers are of very high quality, relatively speaking sovereign debt, whether it is boons, treasuries, guilts or ooth oaths. we need a whole lot less quid and a lot more pro grow
to the deficit. on that list of attendees for that meeting include marshall fitz from the center for american progress. ben jealous from the naacp and richard from the afl-cio. later in the day the president is meeting separately with a group of business leaders. that includes lloyd from goldman sachs, from yahoo and kent from coca-cola. congress has the next three and a half months to run up the deficit as much as it wants. the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native americans and lgbt members. senators who voted against considering that bill include ted cruz, marco rubio and rand paul, all republicans. more bill's up next. stay with us. to me now? you k
of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would replace outgoing interior secretary ken salazar. >>> murder in wine country. three bodies found inside a home and this morning the search now on for their killer. it's a developing story from a home on ross station road outside the town of forrestville up in sonoma county. kpix 5 reporter anne makovec has the latest. >> reporter: investigators have been doing a lot more interviews overnight. they say that they are confident they will be able to catch the murderer soon. in the meantime, this person is still on the loose because they say this was not a murder- suicide. three men were found shot
by congress over deficit reduction in washington could hurt the u.s. economic recovery. >> we can't just cut our way poprosperrity. it hasn't worked in the past and it won't work today. it coo slow down our recovery. it could weaken our economy. and it could cost us jobs. not just now, but in the future. >> as he has done in past, the president today called for a balanced approach that would eliminate tax loopholes for the wealthiest americans and large corporations. >>> meanwhile the white house released this photo of president obama skeet shooting at camp david. the photo was taken back in august, but was released to answer skeptics who doubted mr. obama knew how to shoot. a tbs congresswoman questioned mr. obama's statements that he enjoys the sport and respects the traditions of hunting. >>> in turkey police have confirmed the identity of the suicide bomber who attacked an american embassy. police released this security video the bomber moments before he ignited the bomb. the terrorist group that claim responsible for the bombing now calls him a martyr for the anti- american cause. the
this week. the ongoing debate over the rising debt and deficit and how to rein in government spending. here is a portion of the address. [video clip] >> i recently voted to present the democratic majority in the u.s. senate with a simple but powerful challenge. pass a budget, or you do not get paid. by forcing senate democrats to finally live up to one of the most basic responsibilities of governing, we are presenting them with a golden opportunity to confront and fall -- solve our spending program. we are holding president obama accountable for the sequestered cuts he first proposed in 2011. republicans want to replace the sequester, which is a series of harmful across the board cuts with better, common-sense cuts and reforms. all of this will require democrats to finally get serious about the spending problem. each of the last two years, the republican-led house has passed a responsible budget that addresses what is driving the debt to put our country on a path to prosperity. unfortunately, it has been for years some senate democrats last pass the budget. 1000, 375 days to be exact. -- 16
deficit disorder. there is no word on exactly how the 65 year-old gunman died. >> a former navy seal sniper was one of two men killed at a shooting in a remote gun range in texas on saturday. chris kyle --known for his record number of kills as a sniper was shot and killed at a gun range in texas. veteran chad littlefield was also shot and killed. police say. eddie ray routh. admitted to shooting both men. after a short chase. police arrested routh. routh spent four years in the marines and was unemployed at the time of the shooting. investigators are still trying to figure out a motive. >> meantime. gun control returns to the spotlight. as president obama hits the road. trying to sell his plan to reduce gun violence in america. grant lodes is follwing this story. and tells us how the president is pushing his cause. grant? >> it almost seemed like mister obama was back on the campaign trail today. he flew to minneapolis.meeting with local government and law enforcement leaders. then the president spoke about ways to reduce gun violence.stressing universal background checks and a ban
rainfall deficit for january, 4" below normal in san francisco. more than two for san jose and livermore. looking live outside it's fitting we're wrapping up january on a dry note. when does the rain come back? the answer in your forecast next. >> and the star of the super bowl halftime show takes the stage early. how beyonce quickly drowned out her critics. [ singing live ] at least 14 people are dead and 80 injuried in a massive explosion at mexico's state- owned oil company's headquarters. aerial m the pemex facili >>> 14 people are dead in mexico city and 80 missing. aerial pictures from the pemex facility show lines of fire trucks and emergency vehicles. the local media is reporting exploding machinery as the case of the blast. the company has a heft of deadly accidents including one in september that killed 30 people in a gas facility in the northern part of the country. >>> california came a long way to dig out of debt. stand and poors raised its assessment of more than $80 billion worth of state bonds from a minus to an a. it's the
additional revenue coupled with smart spending reductions in order to bring down our deficit. and we can do it in a gradual way so it doesn't have a huge impact. >> the republican leadership saying flatly, no more tax hikes. >> so they're all dug in again on the fiscal issues. if you look at the polls, wolf, the public wants the president and congress to tackle those fiscal issues. ironically, they may be closer on gun control. they may be closer on immigration reform. but it's still the fiscal issues that are the real problem. >> in the next few week, they have some major things coming up on those issues. dan pfeiffer, the president's senior adviser, will join us in the next hour to discuss guns, guns and guns. >>> the nation's new secretary of state's wasting no time getting down to business. john kerry spent a busy weekend on the phone with palestinian and israeli leader, plus officials in japan, south korea and turkey. all that was before he officially said hello to the state department staff today. >> here's the big question before the country and the world and the state department aft
and deficit. to put a plan in place. it's not just because we want to send a signal to the markets that washington's getting its act together. that's true. and that's a good result. but, it really is to help people. we don't want to see interest rates go up and the need for higher taxes. we don't want to see burden laid on the families, and individuals just coming out of school or seniors. we're trying to put us on a path to a growing economy, where there's more opportunity. >> but eric, you're still in a position of trying to sugarcoat a position of telling people that they are going to be getting less. that you're not going to make the same loans available, that this is a -- this is something that the president campaigned on very successfully. it's that situation. it's the immigration situation. are these different positions or this is just a new way of saying the same thing? >> look. what we're saying is our policies are the best path forward to help people in their lives. and the conservative principles of not spending money you don't have, of making sure that you put in place
deficit. >>> it's another first tied to the catholic church abuse scandal. the archbishop of los angeles ordered roger mahony to stop performing any public church duties because of his connections to that scandal. this game after the archdiocese released private files of priests suspected of molesting children. the decision on this came yesterday after years of lawsuits and very emotional legal battles. it has support of the nearly 4 million catholics. >> i think it's good that the information is coming out. >> yes. secrecy is what keeps the abuse going. >> back in 2007, the archdiocese was involved in a record-breaking civil settlement in the church scandal. it reached a $660 million settlement with more than 500 victims of child molestation. >>> a traffic safety program for children in the san ramon valley is kicking off its 9th year. street smarts was started by bob and carmen after their two children were killed by an impaired driver in 2003. the goal of streets smart is to educate drivers, bicyclists, and pedestrians about road safety. students participate by creating story books, a
're going to be serious about reducing our deficit, can we combine some smart spending cuts because there's still some waste in government. can we reform our health care programs in particular because we spend a lot more on health care than every other country does, and we don't get better outcomes. there's a lot of waste in the system. there are things we can do to reduce health care costs. and can we close some loopholes and deductions that folks who are well connected and have a lot of accountants and lawyers can take advantage of. they end up paying lower rates than a bus driver or a cop. can we close some of those loopholes? if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a
is if we can reduce the deficit, can we combine some spending cuts because there's still waste in government, can we reform our health care because we spend more than eany other country. there's ways to reduce health care costs. and can we close loopholes and deductions that folks that are well connected and have a lot of accountants and lawyers can take advantage of, can we close some of those loopholes. if you combine those things together, then we cannot only reduce our deficit but we can continue to invest in things like education and research and development that's going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers, it gets businesses worried. we can't afford these self-inflicted wounds. and there's a way for us to resolve these budget problems in a responsible way through a balanced approach that the vast majority agrees with. there's no reason why we can't. we can't have washington dysfunction getting in the way. >> it's interesting to hear them say we do need additional revenue but it's not going to come from
. total tax revenues last year were 2.5 trillion. and so if you talk about trillion dollar deficits, it's not terribly difficult to look forward and doing something to really be talking about 2 trillion. >> 2030 or 2025 and it just keepts getting worst. >> it gets worse. there are 10,000 people a day turning 65 for the next 19 years. and this is the baby boom. >> this is what you do, too. as an insurance company it's all about actual aerial assumptions. so you actually know this. i think people will look at you and get glazed that's not for sure that that's going to happen. as an insurance company you need to know and you are sure. >> the demographics are clear between 2000 and 2010, so history, the age group of 55 to 64 grew by 75%. >> wow. >> that's the group that's going to move into the entitlement arena. so i'd like to think about it differently than most. rather than debating it as a taxing problem or spending problem, it's a demographic challenge that we've never faced before. we've never faced what's going to come at us -- >> and it's combined with all the expensive medicine we'
a month but hardly enough and remember the seasonal adjuster factor affect bd i the deficit. >> one last question to you both. we did not extend the payroll tax this past year. what affect in the numbers from that? >> well, it is a little soon to really figure that out. i mean, it is true now that you mention it that the 157 in january is significantly off the pace of job creation in november and december. >> right. >> but i am quite certain that, you know, taking over 100 billion out of the 2013 economy already a bit wobbly by my lights is going to cost us on the growth and jobs side. >> yeah. one of the telling things was that in december there was a big jump in personal income because of people getting bonuses early and things like that. but spending didn't go up very much. and economists are expecting weak retail numbers for january. i think it's the seasonal adjustment factors again. my feeling is to see a drag in the third quarter. excuse me, the first quarter. and then have to be carried by the recovery of government spending because i don't think we have another drag on the econo
on congress to work together on a balanced approach to reduceth deficit and promoting economic growth. >> what we need instead is a balanced approach. an approach that says let's cut where we can afford but let's make the investments we can't afford to live without. investments in education and infrastructure, research and development. the things that will help america compete for the best jobs and new industries. >> the president said the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing our nation's checkbook. jump starting the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the lawrence berkeley national lab drew a lot of political fire during his tenure on the president's cab net. but as abc7 news political reporter mark matthew notes, khu also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama publicly thank the steven chu for his service. steven has a great
together to reduce the deficit and promote economic growth. >> what we need instead is a balanced approach. an approach that says let's cut where we can afford but let's make the investments we can't afford to live without. investments in education and infrastructure, research and development. the things that will help america compete for the best jobs and new industries. >> the president said the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing our nation's checkbook. jump starting the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the lawrence berkeley national lab drew a lot of political fire during his tenure on the president's cab -- cabinet. but as abc7 news political reporter mark matthew notes, khu also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama publicly thanked steven chu for his service steven has a great friend, a tremendous colleague work
: this morning, president obama is calling on congress to put aside their differences to reduce the deficit and promote economic growth. >> what we need instead is balanced approach. of course, let's cut what we can't afford but let's make the investments we can't afford to live without. the things that will help america compete for the best jobs and new industries. >> carolyn: president says the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing the nation's checkbook jumpstart go the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the berkeley lawrence lab drew a lot of fire but as political reporter mark matthews, he also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama thanked him for his service. >> he has been a great friend over the past four years working on energy issues but also designing a cap to plug a hole in the gulf of mexico when nobody else co
how their team came back from a 17 point deficit two weeks ago to win the nfc championship. the crowd is a long way from giving up with half a game to go. the beer is flowing. >> we have to get these guys focused and get the jitters out of the way. >> we need to feel the vibe. they need to get the energy we have that we are going to win. >> >> reporter: the other big question, will there be trouble after the game. in the last few minutes, fire inspector and police officers showed up here. checking on overcrowding and overconsumption of alcohol the city has spent weeks warning fans to not repeat the rowdiness and the vandalism of the world series. we will be in the mission throughout the night to see if this superbowl turns into any kind of a super brawl. live in san francisco. ktvu channel "2 news." >>> san francisco police and transportation officials have been ramping up for what could be major celebrations tonight. our team coverage continues with the changes being made and reaction from the mayor. ken? >> reporter: we are here on market street and powell and if you look at market
time to sit around and think about this huge deficit, being in the super bowl, embarrassing themselves. the pixie dust is gone. i'm just saying that balancing this out a little bit, we've got to get san francisco some credit here, this is a team that's been very resilient. you have that other factor going there. have you brother against brother. you have john harbaugh for baltimore not wantsing to be embarrassed. there's a ying and a yang here you have to look at. >> taerns. >> it's my story and i'm sticking to it. >> as i look at social media. and this is true, this person is right. someone said, twitter ain't been this live since obama versus romney. they're absolutely right. i can't even keep up with my twitter feed people are talking about this so much. there are a lot of people that are happy. there are a lot of people who are not happy about this. if you were not interested in these two teams, you're interested in this story. so i want you to put your sports marketing hat on. i want you to put your sports marketing hat on and tell me what this means, and your commerce hat. what t
. let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to tell you it is irresponsible for it to happen. i mean, why -- why in god's name would members of congress elected by the american people take a step that would badly damage our national defense, but more importantly undermine the support for our men and women in uniform? why would you do that? >>brian: that is inaccurate. it is the president who proposed these sequester cuts. this isn't congress doing that. and republican fear about these cuts, would you say that's accurate? >> i would say it's accurate. there is a growing resignation to them on the hill for some reason. i was there two weeks ago. everyone seems re
says he doesn't want to know the temporary fix. if there's no long-term agreement to reduce the deficit, some house republicans indicated they will let those steep automatic cuts take effect and those cuts, as you know, would take a big bite out of the military and domestic programs. >>> a new study finds drivers in the district have the worst commute in the u.s. this is, of course, around the d.c. area. and researchers at texas and a&m university found people waste more time and money than anywhere else in the country. l.a. came in second followed by san fran, oakland, new york city, and boston. as a whole, the study found americans spent $5.5 billion additional dollars and wasted an average of $818 per person just sitting in traffic last year. >>> u.s. skier is being treated for a knee injury. she got in a severe crash today. it happened during the first day of the super g championship races in austria. the olympic gold medalist lost her balance after a jump, slid off the course, and crashed into a gate. she was air lifted to the hospital where she has been treated for torn knee ligam
on congress to work together on a balanced approach to reduce the deficit and promote economic growth. he said businesses created 2.2 million jobs last year. he suggests economic reforms including reducing the cost of health care programs like medicare and closing loopholes in the tax code. >>> this is the first time in five-year that the dow closed above 14,000. it had dropped as low as 6600 in 2009, increased consumer confidence, manufacturing and auto sales are credited for the surge. >> we are moving in the right direction compared to a lot of other countries we are in a good position. >> the economy has improved. you can put the money in the bank but you earn no interest. >> economists say many prefer american investments because the european markets struggling and many consider china as over valued. however others add that just because wall street is up doesn't necessarily mean that the average american is better off, more than 12 million are still looking for jobs. >> hundreds of people in northern california are looking for new jobs as massive layoffs start at campbell soup. 290 wo
to an education. >> it was specially made, custom plate over the deficit in her skull which is this sort of size in the entrance. and, left-hand side of her skull. >> reporter: wow, the outspoken activist not giving up on her dreams to help others. her determination even stronger after outpouring of support she experienced following her injuries. >> because of these prayers god has given me this new life. and this is a second life. this is a new life. you want to serve. i want to serve the people. and i want every girl, every child to be educated. >> reporter: i love this little girl. malala's latest surgery restored her hearing with a cock letter implant. she will do so with a newly formed found decision, the malala fund, $10 million strong courtesy of pakistan. jon? jon: she is amazing, wow. >> reporter: so are the doctors. good for her. jon: jamie colby, thank you. jenna: new orleans was enjoying its moment in the national spotlight when suddenly the superdome plunged into darkness. the power outage putting the super bowl on hold for more than half an hour. what could cause a blackout right i
jimmy lee dykes to release the 5-year-old, who has asperger's syndrome and attention deficit hyperactivity disorder. but they acknowledged dykes could hold out for days. the police chief of a neighboring town told reporters that dykes has been known to hole up in the underground bunker resembling a tornado shelter for as many as eight days. >> the truth of it is that it happens. sooner or later i could not control. >> that is the man behind theauthorities in mexico >> that is the man behind theauthorities in mexico ci tell mlle you yolove me. tell mlle i'm i'beautiful. tellte me we'll grow old together. in sic skness esand in health. tell me mthat i'm still the o. thatth you need me. that i'm i your super hero! tellte me you'll never let me . tell me myou miss me. that'sat all ill need. [ femalema announcer ] for evr erything they neyeed tod hear this visalentine's day, there'ers a haa llmark car. they neyeed tod hear this visalentine's day, at ikea, we don't just we design good mornings. little experiments. big ideas. brighter ways. and better tomorrows you can take home
want a smaller deficit. hispanics are very much on the side of more government involvement. they want government services, they think that the government can do a lot to create jobs. they are very much in line with the democratic party and might be more pro government than the democratic party. if the republican party wants to woo voters, they need to adjust their message, not just on immigration, but also the economy and the basic principles about what the government can do. >> okay. aaron blake, thank you so much. appreciate that. >> thank you. >>> president obama preparing to move out of the white house oval office, work under way on a second oval office in the eisenhower executive office next door. the president will begin working there in august and make way for a two-year renovation of the white house west wing. >>> it's official. john kerry sworn in as secretary of state. duvall patrick has tapped his former top aide, william mo cohen to replace kerry until the june special election. scott brown took his name out of running yesterday. joining me now is frank phillips, who has b
the president on debt and deficits. i'd like to know also, i don't think of the fundamental issues confronting this country. but on the gun issue, why wasn't there a single question about the 15-year-old chicago girl, haddia pendleton, who parked in the parade in the inauguration and was gunned down, the 42nd victim of gun violence in chicago in january. that might be relevant to the issue of how do you stop trafficking of illegal weapon, and relevant to the actual policy debates under way in this country. >> richard, why does inside the beltway media have a propensity to focus on things that people don't care about? >> look, i've been part of that press corps. i was there in the time in the run-up to the war in iraq. but as a pack, as a pack mentality, this is a game. look, the war in iraq was serious. don't get me wrong. but we're talking about kids in america who were killed and how to respond to that. and so, you know, the disjoint between this photo, what the president does in his leisure time, whether it's real or not, how often he does it, and the cold, hard facts of american children b
are concerned. let's look at the deficit because right now in san francisco, we are way below normal as far as the statistics are concerned. we are nearly 5.5" below normal and san jose nearly 3." the same story in san jose. what needs to be done? more rain. we have six more weeks of winter weather here in the bay area before spring. doesn't look like we'll see a major weather pattern change. it all needs to be seen. we'll stay on top of it with mobile weather right here on the embarcadero, roberta gonzales reporting for kpix 5. >> thank you. you can track the rain anytime with our live high-def doppler radar. that's on our cbssf.com/weather website. >>> tonight we know the name of the woman killed in this crash in east oakland. police say 24-year-old car linda faust mccandless was driving a stolen car when she crashed into another car on foothill boulevard monday. she died at the scene. the other driver had minor injuries. >>> in san jose fire investigators are trying to figure out the source of this house fire. the flames torched the home on mckendry
about issues like sequestration and just the debt and the federal deficit in general. >> what are some of the other things you're hearing from your users on this issue? >> we're hearing a lot of just intensity around the cuts themselves, whether it's military pay or social security, there are people that really want a drilldown approach to look at the budget issue by issue rather than doing this full approach of a buzz cut for all federal spending. >> obviously we're dealing with a deadline of march 1. the spending cuts kick in. we're expecting a frenzy of activity in washington to deal with contingency plans. do you expect to see a big runup in people commenting to their lawmakers on this issue the next couple of days? >> we think it's really important. there's less than a month left before congress metes this deadline where they have to do something or the sequestration approach will happen. and i think what's needed now is congress needs to hear from their stifts, whether you -- constituents, whether you care about doing it one way or another, it's important to voice your concerns.
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